The Type 2 is going to be a bear to get...just wait and see. W & S. Never mind that elusive 2 coin silver set coming up...that one will be even tougher. I remember the days you could just call up and talk with someone, " Yeah I'd like a couple of these." "Okay, you got it. Have a nice day."
And I agree, the demand for this issue makes the next a lot more interesting.
Who besides the United States Mint can provide this type of immediate numismatic excitement?
@WQuarterFreddie said:
I slept in this morning. I already have 5 on order 😎. Too many have 99 or more so the flipping opportunity is past in my opinion.
I bought them just in case spot Silver price shoots to the moon!🚀🚀🚀🚀🚀
Be aware....inflation is on the rise😪. The price of finished goods is increasing every day.🙄
That's odd. You could buy UNC eagles for $35 to $40, why would you buy $73 eagles hoping for silver prices to hit $80??? You've already thrown away $35 of the rise.
The flipping opportunity remains as of this writing. But the window will start to close.
@WQuarterFreddie said:
I slept in this morning. I already have 5 on order 😎. Too many have 99 or more so the flipping opportunity is past in my opinion.
I bought them just in case spot Silver price shoots to the moon!🚀🚀🚀🚀🚀
Be aware....inflation is on the rise😪. The price of finished goods is increasing every day.🙄
IF/When you see inflation, the 10 year or the 30 year will go a Lot Higher than is currently reflected...
@Onastone said:
The Type 2 is going to be a bear to get...just wait and see. W & S. Never mind that elusive 2 coin silver set coming up...that one will be even tougher. I remember the days you could just call up and talk with someone, " Yeah I'd like a couple of these." "Okay, you got it. Have a nice day."
Please forgive the likely stupid question but what is the Type 2?
@Onastone said:
The Type 2 is going to be a bear to get...just wait and see. W & S. Never mind that elusive 2 coin silver set coming up...that one will be even tougher. I remember the days you could just call up and talk with someone, " Yeah I'd like a couple of these." "Okay, you got it. Have a nice day."
Please forgive the likely stupid question but what is the Type 2?
The new designed of the reverse on the ASE coming out mid year...
@Raufus said:
Thanks guys. Have been very distracted w other stuff - family medical emergency.
W did the 2021 W proof ASE w such a high mintage limit sell out so fast? What am I missing?
Thanks!
The mintage limit isn't the problem. The problem is the United States Mint securing enough Silver for the Type 2. There just isn't going to be enough Silver supply for what the Mint is wanting to do in CY2021 with Type 1, Type 2 and Morgan and Peace.
The final mintage for the Type 1 will Not be as much as people think...
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
@WQuarterFreddie said:
I slept in this morning. I already have 5 on order 😎. Too many have 99 or more so the flipping opportunity is past in my opinion.
I bought them just in case spot Silver price shoots to the moon!🚀🚀🚀🚀🚀
Be aware....inflation is on the rise😪. The price of finished goods is increasing every day.🙄
That's odd. You could buy UNC eagles for $35 to $40, why would you buy $73 eagles hoping for silver prices to hit $80??? You've already thrown away $35 of the rise.
The flipping opportunity remains as of this writing. But the window will start to close.
Let me rephrase....I bought 5 just to have them since they are the last reverse design and maybe just maybe longterm as a collectible it will be worth more than the purchase price or maybe I can give them as presents or use them for trades.
The Silver spot price going to the moon🚀🚀🚀🚀🚀 was intended more as a joke and a play on Reddit users postings about their stonk of choice.😂🤣
@WQuarterFreddie said:
I slept in this morning. I already have 5 on order 😎. Too many have 99 or more so the flipping opportunity is past in my opinion.
I bought them just in case spot Silver price shoots to the moon!🚀🚀🚀🚀🚀
Be aware....inflation is on the rise😪. The price of finished goods is increasing every day.🙄
IF/When you see inflation, the 10 year or the 30 year will go a Lot Higher than is currently reflected...
Regarding inflation. I work in a business that supplies raw materials used in the manufacturing of many products consumers and businesses buy. Pricing from our suppliers are increasing consistently and more frequently than I can remember in my 30 years in the business.
Trust me or don't but I am telling you prices for the products you buy will be going up in 2021 and into next year. That being said....this is just my opinion 😎
@WQuarterFreddie said:
I slept in this morning. I already have 5 on order 😎. Too many have 99 or more so the flipping opportunity is past in my opinion.
I bought them just in case spot Silver price shoots to the moon!🚀🚀🚀🚀🚀
Be aware....inflation is on the rise😪. The price of finished goods is increasing every day.🙄
IF/When you see inflation, the 10 year or the 30 year will go a Lot Higher than is currently reflected...
Regarding inflation. I work in a business that supplies raw materials used in the manufacturing of many products consumers and businesses buy. Pricing from our suppliers are increasing consistently and more frequently than I can remember in my 30 years in the business.
Trust me or don't but I am telling you prices for the products you buy will be going up in 2021 and into next year. That being said....this is just my opinion 😎
One unbiased commodity index I track is up over 10%+ so far just in 2021 and its currently Feb, not good. No opinion needed. USD net declined by 7% in 2020 now that the year is over. Interesting acton in the bond market lately but I digress.
Seems like people overly excited abut the latest new mint release and the Mint has large silver supply agreements, unlike shortsighted auto mfrs chasing chips. Lots of ASE's being minted so far this year, almost 7 Million YTD. LOL Emergency issues, 'emergency' they can't shovel them fast enough after raising prices, far better value in older ASE issues.
@WQuarterFreddie said:
I slept in this morning. I already have 5 on order 😎. Too many have 99 or more so the flipping opportunity is past in my opinion.
I bought them just in case spot Silver price shoots to the moon!🚀🚀🚀🚀🚀
Be aware....inflation is on the rise😪. The price of finished goods is increasing every day.🙄
IF/When you see inflation, the 10 year or the 30 year will go a Lot Higher than is currently reflected...
Regarding inflation. I work in a business that supplies raw materials used in the manufacturing of many products consumers and businesses buy. Pricing from our suppliers are increasing consistently and more frequently than I can remember in my 30 years in the business.
Trust me or don't but I am telling you prices for the products you buy will be going up in 2021 and into next year. That being said....this is just my opinion 😎
Everything is going through the roof, 87 octane gasoline is now $2.75 a gallon down the street from me. A month ago it was $2.25 ish. This is just the beginning of the end.
I think it is more likely to be nothing more than herd mentality being deftly led by the appearance of artificial scarcity.
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
When the type 2 ASE comes out you can get the PROOF W (21ean) or the PROOF S (21emn) . Do you need both or do you go for the W to go with the type 1 PROOF W(21ea) that was just released?
@WALLE said:
When the type 2 ASE comes out you can get the PROOF W (21ean) or the PROOF S (21emn) . Do you need both or do you go for the W to go with the type 1 PROOF W(21ea) that was just released?
You don't "need" any. What you want is totally up to you. You define completeness.
I guess I should of put it I would like to have both types 1 and 2. I have the type 1 PROOF W coming, what are other peoples thoughts? getting matching mint marks or maybe going with the S
@WALLE said:
When the type 2 ASE comes out you can get the PROOF W (21ean) or the PROOF S (21emn) . Do you need both or do you go for the W to go with the type 1 PROOF W(21ea) that was just released?
Don't forget about the RP 2 coin Eagle set coming out too.... ugh.
@Raufus said:
Thanks guys. Have been very distracted w other stuff - family medical emergency.
W did the 2021 W proof ASE w such a high mintage limit sell out so fast? What am I missing?
Thanks!
The mintage limit isn't the problem. The problem is the United States Mint securing enough Silver for the Type 2. There just isn't going to be enough Silver supply for what the Mint is wanting to do in CY2021 with Type 1, Type 2 and Morgan and Peace.
Thanks for the reminder....I forgot all about the Morgan & Peace dollars coming up. Another instant sellout or close to it probably.
The two coin set will be a 2019s erp event I am betting. Limited release that has to be sent in boxed to get the special label because they have sold or will have sold the others as singles. Just a guess
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
@WALLE said:
I guess I should of put it I would like to have both types 1 and 2. I have the type 1 PROOF W coming, what are other peoples thoughts? getting matching mint marks or maybe going with the S
If you collect by "type" you don't need different mint marks or dates. In fact, you can use a 2019 ASE as your type I type.
If you collect by date and mint mark, you won't feel complete unless you have all date and mm combinations.
Some people do NOT collect proofs, so you would want an MS type 1 and type 2 or all date/mintmark combinations of MS coins and none of the proofs, reverse proofs, or other special finishes.
@Raufus said:
Thanks guys. Have been very distracted w other stuff - family medical emergency.
W did the 2021 W proof ASE w such a high mintage limit sell out so fast? What am I missing?
Thanks!
The mintage limit isn't the problem. The problem is the United States Mint securing enough Silver for the Type 2. There just isn't going to be enough Silver supply for what the Mint is wanting to do in CY2021 with Type 1, Type 2 and Morgan and Peace.
The final mintage for the Type 1 will Not be as much as people think...
I find it extremely difficult to believe that the mint can't get all the silver it wants. It might be compelled to pay more than it would like or have to buy re-smelted silver rather than newly mined, but I think the supply of silver is effectively unlimited.
@Raufus said:
Thanks guys. Have been very distracted w other stuff - family medical emergency.
W did the 2021 W proof ASE w such a high mintage limit sell out so fast? What am I missing?
Thanks!
The mintage limit isn't the problem. The problem is the United States Mint securing enough Silver for the Type 2. There just isn't going to be enough Silver supply for what the Mint is wanting to do in CY2021 with Type 1, Type 2 and Morgan and Peace.
The final mintage for the Type 1 will Not be as much as people think...
I find it extremely difficult to believe that the mint can't get all the silver it wants. It might be compelled to pay more than it would like or have to buy re-smelted silver rather than newly mined, but I think the supply of silver is effectively unlimited.
There is less floating around at any one time than you might think. That said, the Mint is a major buyer and can reprice its coins accordingly if it has to pay more.
@Raufus said:
Thanks guys. Have been very distracted w other stuff - family medical emergency.
W did the 2021 W proof ASE w such a high mintage limit sell out so fast? What am I missing?
Thanks!
The mintage limit isn't the problem. The problem is the United States Mint securing enough Silver for the Type 2. There just isn't going to be enough Silver supply for what the Mint is wanting to do in CY2021 with Type 1, Type 2 and Morgan and Peace.
The final mintage for the Type 1 will Not be as much as people think...
I find it extremely difficult to believe that the mint can't get all the silver it wants. It might be compelled to pay more than it would like or have to buy re-smelted silver rather than newly mined, but I think the supply of silver is effectively unlimited.
There is less floating around at any one time than you might think. That said, the Mint is a major buyer and can reprice its coins accordingly if it has to pay more.
Don't give them any ideas. They'll probably raise prices tomorrow.....
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
@Raufus said:
Thanks guys. Have been very distracted w other stuff - family medical emergency.
W did the 2021 W proof ASE w such a high mintage limit sell out so fast? What am I missing?
Thanks!
The mintage limit isn't the problem. The problem is the United States Mint securing enough Silver for the Type 2. There just isn't going to be enough Silver supply for what the Mint is wanting to do in CY2021 with Type 1, Type 2 and Morgan and Peace.
The final mintage for the Type 1 will Not be as much as people think...
I find it extremely difficult to believe that the mint can't get all the silver it wants. It might be compelled to pay more than it would like or have to buy re-smelted silver rather than newly mined, but I think the supply of silver is effectively unlimited.
There is less floating around at any one time than you might think. That said, the Mint is a major buyer and can reprice its coins accordingly if it has to pay more.
Don't give them any ideas. They'll probably raise prices tomorrow.....
@Raufus said:
Thanks guys. Have been very distracted w other stuff - family medical emergency.
W did the 2021 W proof ASE w such a high mintage limit sell out so fast? What am I missing?
Thanks!
The mintage limit isn't the problem. The problem is the United States Mint securing enough Silver for the Type 2. There just isn't going to be enough Silver supply for what the Mint is wanting to do in CY2021 with Type 1, Type 2 and Morgan and Peace.
The final mintage for the Type 1 will Not be as much as people think...
I find it extremely difficult to believe that the mint can't get all the silver it wants. It might be compelled to pay more than it would like or have to buy re-smelted silver rather than newly mined, but I think the supply of silver is effectively unlimited.
Over 50% of investment Silver is going into Silver ETFs.
The Mint is allocating Silver to the Authorized Purchasers currently...
My wife had an emergent surgery for a life threatening condition totally out of the blue. Fortunately she is making a good recovery. We're reminded that not so much as the next hour is a given.
My wife had an emergent surgery for a life threatening condition totally out of the blue. Fortunately she is making a good recovery. We're reminded that not so much as the next hour is a given.
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
Comments
The Type 2 is going to be a bear to get...just wait and see. W & S. Never mind that elusive 2 coin silver set coming up...that one will be even tougher. I remember the days you could just call up and talk with someone, " Yeah I'd like a couple of these." "Okay, you got it. Have a nice day."
I slept in this morning. I already have 5 on order 😎. Too many have 99 or more so the flipping opportunity is past in my opinion.
I bought them just in case spot Silver price shoots to the moon!🚀🚀🚀🚀🚀
Be aware....inflation is on the rise😪. The price of finished goods is increasing every day.🙄
You can still call up and they will say “OK you got it” as you cancel your 99.
And I agree, the demand for this issue makes the next a lot more interesting.
Who besides the United States Mint can provide this type of immediate numismatic excitement?
Flashback....
Will there be lots of returns like the 17S enhanced set?
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
If the price plummets, you betcha! If the price holds at $100 or above until redistribution takes place, no.
That's odd. You could buy UNC eagles for $35 to $40, why would you buy $73 eagles hoping for silver prices to hit $80??? You've already thrown away $35 of the rise.
The flipping opportunity remains as of this writing. But the window will start to close.
I certainly have that feeling. Not that it matters much to me. I only needed one.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
IF/When you see inflation, the 10 year or the 30 year will go a Lot Higher than is currently reflected...
Please forgive the likely stupid question but what is the Type 2?
Raufus, where have you been?!
The Klatsch has missed you....
The new designed of the reverse on the ASE coming out mid year...
Thanks guys. Have been very distracted w other stuff - family medical emergency.
W did the 2021 W proof ASE w such a high mintage limit sell out so fast? What am I missing?
Thanks!
The mintage limit isn't the problem. The problem is the United States Mint securing enough Silver for the Type 2. There just isn't going to be enough Silver supply for what the Mint is wanting to do in CY2021 with Type 1, Type 2 and Morgan and Peace.
The final mintage for the Type 1 will Not be as much as people think...
Hope everything turned out ok Doc
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
Let me rephrase....I bought 5 just to have them since they are the last reverse design and maybe just maybe longterm as a collectible it will be worth more than the purchase price or maybe I can give them as presents or use them for trades.
The Silver spot price going to the moon🚀🚀🚀🚀🚀 was intended more as a joke and a play on Reddit users postings about their stonk of choice.😂🤣
Regarding inflation. I work in a business that supplies raw materials used in the manufacturing of many products consumers and businesses buy. Pricing from our suppliers are increasing consistently and more frequently than I can remember in my 30 years in the business.
Trust me or don't but I am telling you prices for the products you buy will be going up in 2021 and into next year. That being said....this is just my opinion 😎
I am missing an explanation too.
guess - last year of the old reverse design. people saving them up.
I guess this is the latest trend regarding ASE's and the Mint, as soon as it goes on sale immediate sellout.
One unbiased commodity index I track is up over 10%+ so far just in 2021 and its currently Feb, not good. No opinion needed. USD net declined by 7% in 2020 now that the year is over. Interesting acton in the bond market lately but I digress.
Seems like people overly excited abut the latest new mint release and the Mint has large silver supply agreements, unlike shortsighted auto mfrs chasing chips. Lots of ASE's being minted so far this year, almost 7 Million YTD. LOL Emergency issues, 'emergency' they can't shovel them fast enough after raising prices, far better value in older ASE issues.
Everything is going through the roof, 87 octane gasoline is now $2.75 a gallon down the street from me. A month ago it was $2.25 ish. This is just the beginning of the end.
I think it is more likely to be nothing more than herd mentality being deftly led by the appearance of artificial scarcity.
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
r/wallstreetbets then?
So, does that mean I need to get some friends to buy these for me and pay them $80 a coin?
Somewhat. But you are also likely to see a lot of promotion here as various retailers sell all kinds of "collectible" packages of 1st/last coins.
When the type 2 ASE comes out you can get the PROOF W (21ean) or the PROOF S (21emn) . Do you need both or do you go for the W to go with the type 1 PROOF W(21ea) that was just released?
Or what are your thoughts on type 2 W Unc. ( 21egn) should this be included?
You don't "need" any. What you want is totally up to you. You define completeness.
I guess I should of put it I would like to have both types 1 and 2. I have the type 1 PROOF W coming, what are other peoples thoughts? getting matching mint marks or maybe going with the S
Stacking Kat.....
Don't forget about the RP 2 coin Eagle set coming out too.... ugh.
Thanks for the reminder....I forgot all about the Morgan & Peace dollars coming up. Another instant sellout or close to it probably.
The two coin set will be a 2019s erp event I am betting. Limited release that has to be sent in boxed to get the special label because they have sold or will have sold the others as singles. Just a guess
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
I think the problem lies within the HHL set...instead of HHL 1, there were too many coin companies buying them all at once.
How about they take orders 5 months before release. All orders made initially get shipped at the exact same time. Easy peesy
If you collect by "type" you don't need different mint marks or dates. In fact, you can use a 2019 ASE as your type I type.
If you collect by date and mint mark, you won't feel complete unless you have all date and mm combinations.
Some people do NOT collect proofs, so you would want an MS type 1 and type 2 or all date/mintmark combinations of MS coins and none of the proofs, reverse proofs, or other special finishes.
It's really up to you.
I find it extremely difficult to believe that the mint can't get all the silver it wants. It might be compelled to pay more than it would like or have to buy re-smelted silver rather than newly mined, but I think the supply of silver is effectively unlimited.
There is less floating around at any one time than you might think. That said, the Mint is a major buyer and can reprice its coins accordingly if it has to pay more.
Don't give them any ideas. They'll probably raise prices tomorrow.....
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
We don't have to pay it.
Besides, it'll make my Mint hoard more valuable.
Over 50% of investment Silver is going into Silver ETFs.
The Mint is allocating Silver to the Authorized Purchasers currently...
the mint's authorized purchasers have been who the mint sells to all along...
Yes, of course.
I wonder who has primacy. If they did have a limited supply, would they supply the bullion stream or the collectibles?
bullion
in 2009 they did not issue a proof ASE just to make the bullion product.
Thanks so much for all of the info guys.
My wife had an emergent surgery for a life threatening condition totally out of the blue. Fortunately she is making a good recovery. We're reminded that not so much as the next hour is a given.
Really appreciate the good wishes and info.
Great news!!
The best to you and your wife, Raufus! She is in good hands.
Prayers for your wife Doc
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21